Fume Extractor Market - By Product (Fixed Fume, Portable, Benchtop, Wall Mounted), By Flow Rate (<250m3/hr, 250 to 500 m3/hr, 500 to 1,000 m3/hr, 1000 to 2000 m3/hr, More than 2,000 m3/hr), By Filter Unit (Filtration Units, Replacement Filter), By Applic

Fume Extractor Market - By Product (Fixed Fume, Portable, Benchtop, Wall Mounted), By Flow Rate (<250m3/hr, 250 to 500 m3/hr, 500 to 1,000 m3/hr, 1000 to 2000 m3/hr, More than 2,000 m3/hr), By Filter Unit (Filtration Units, Replacement Filter), By Application, By End-Use & Global Forecast, 2023 - 2032

Global Fume Extractor Market is slated to expand considerably throughout 2023-2032 due to stringent regulations on occupational exposure to harmful substances, especially in North America.

The shifting consumer preference toward electric vehicles in line with growing environmental concerns, fuel price hikes, and favorable government initiatives will complement the product outlook. In 2022, the U.S. registered around 750,000 units of all-electric car sales, nearly 57% more than the 2021 record. Governments are implementing tax breaks and reductions for electric vehicles to reduce carbon emissions in the automotive industry in the upcoming years, benefitting the overall market dynamics.

In addition, the rising demand for fume extractors from the manufacturing sector owing to rising health concerns will favor industry expansion. The key market players in the fume extractor market are focusing on new product launches and portfolio expansion tactics. For instance, in December 2022, Fumex Inc., an industrial fume extractors manufacturer, launched FBE, a high-efficiency radial fan for industrial environments. With this, the company aims to expand ErP directives with the new product launch.

The fume extractors market is bifurcated in terms of flow rate, product, filter unit, application, end-use, and region.

Based on the product, the fixed fume extractor industry is anticipated to surpass USD 1.5 billion owing to its effectiveness in capturing fumes & gases from large workplaces. The legal obligations associated with the safety of employees will encourage employers to use fume extractors to limit contaminants in the air and ensure good quality, breathable air. It aids in capturing & filtering airborne contaminants that are released from various processes, such as laser, welding, and soldering, propelling the market growth.

With respect to filter unit, the fume extractor market size from the filtration segment will be worth around USD 2.5 million by the end of 2032. The increasing focus on the air quality inside workplaces for ensuring the comfort of workers along with preventing the negative effects of hazardous fumes and toxic gases should encourage employers to install fume extractors at their workplaces. According to a reliable report, nearly 2.8 million workers die every year from unsafe or unhealthy work conditions.

Regionally, the North America fume extractor market is primed to grow at over 4% CAGR from 2023 to 2032. Strict regulations by OSHA regarding Permissible Exposure Limit (PEL) which limits the exposure to gaseous fumes during welding, is complementing the product adoption in the region. The regulation states permissible limits of mists, dust, fumes, vapors, and gases, which is expected to stimulate the fume extractor industry growth.